U.S. Treasury Secretary Jack Lew warned Congress in a letter Friday that his department will begin implementing ‘extraordinary...
The U.S. Department of Housing and Urban Development will close its offices nationwide on Friday, May 24th. The news comes as a...
This Bloomberg article puts an interesting spin on the coming changes to deed-in-lieu for current, underwater borrowers at the government-sponsored enterprises.
Why Fannie Mae may is singled out in the headline, though, is anyone's guess.
Changes from the FHFA trickle down uniformly to both GSEs.
Questions remain, however, on whether or not the second-lien holder can block the kick.
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